A collateralized debt obligation squared is a special purpose vehicle (SPV) with securitization payments backed by CDO tranches.

CDO-Squared is a collateralized debt obligation backed primarily by the tranches issued by other CDOs. These instruments became popular before the financial ...

A collateralized debt obligation cubed (CDO-cubed) is a derivative security backed by a collateralized debt obligation squared (CDO-squared) tranche.

A CDO in which the underlying asset pool contains tranches of other CDOs.

Slang; a collateralized debt obligation collateralized by other collateralized debt obligations rather than directly by debt. A CDO squared may have less risk ...

The CDO is "sliced" into sections known as "tranches", which "catch" the cash flow of interest and principal payments in sequence based on seniority. If some ...

CDO-Squared · Asset-backed security · Tranche

Hu (2007) argues that the changing distribution of CDO assets and the different credit cycles to which these assets have been subjected make it difficult to ...

A collateralized debt obligation that invests in other CDOs. CDOs-squared offer investors higher spreads than single-layer CDOs, but also present additional ...